Table of Contents
TABLE OF CONTENTS
1 Table of Contents 2
1.1 List of Tables
4
1.2 List of Figures 4
2 Introduction 5
2.1 Global Markets Direct
Report Coverage 5
2.2 What Is This Report About? 5
2.3 How To Use This
Report 5
3 Argentina Petroleum Fiscal Environment 6
3.1 Governing Law
6
3.2 Licensing Authority 6
3.3 National Oil Company 6
3.4
Contract Type 6
3.5 State Participation 6
4 License terms 7
4.1
Exploration 7
4.1.1 Type of Right 7
4.1.2 Area 7
4.1.3 Duration
7
4.1.4 Relinquishment 7
4.1.5 Exploration obligation 7
4.2
Production 7
4.2.1 Type of Right 7
4.2.2 Area 7
4.2.3 Duration
7
5 Key Fiscal Terms 8
5.1 Royalty 8
5.2 Bonuses 8
5.3 Fees
8
5.4 Taxation 9
5.5 Deductions and Depreciation 9
5.6 Withholding
Tax 9
5.7 Ring Fence 9
6 SAMPLE CASHFLOWS CALCULATIONS 10
7
APPENDIX 11
7.1 Methodology 11
7.2 Definitions 11
7.2.1 Units of
Measure 11
7.2.2 Definition 11
7.3 Contact Us 12
7.4 About Global
Markets Direct 12
7.5 Disclaimer 12
1.1 List of Tables
Table 1: Argentina, Fees Payable Under Exploration Permit, 2007 8
Table 2:
Argentina, Provincial State Tax, 2007 9
1.2 List of Figures
Figure 1: Argentina, Upstream Oil & Gas Fiscal Regime (Royalty/Tax), Sample
Cashflows, 2005-2016 10
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